Adil Khan 9 months ago
AdiKhanOfficial #FYP Ideas

forex intelligence

                                                   &nbs

Project Title

forex intelligence

Project Area of Specialization

Software Engineering

Project Summary

                                                       Forex Intelligence

Forex:

The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the Credit market.

Forex intelligence:

While trading in forex market we need to learn lot of things such as

  • Technical analysis is the framework in which forex traders study price movement. The theory is that a person can look at historical price movements and determine the current trading conditions and potential price movement. ... Technical analysts use charts because they are the easiest way to visualize historical data!
  • Fundamental analysis is a way of looking at the forex market by analyzing economic, social, and political forces that may affect the supply and demand of an asset. ... The idea behind this type of analysis is that if a country's current or future economic outlook is good, their currency should strengthen
  • Money management Forex refers to a set of rules that help you maximize your profits, minimize your losses and grow your trading account. ... Therefore, a Forex money management plan helps a lot to succeed in trading.

Forex intelligence system automate technical analysis and money management technique using time series forecasting model. It also calculates risk at each trade

Project Objectives

The main objective of our project is to generate forecast of forex market using time series forecasting models a and EA . It also uses money management technique which helps the new trader in minimizing the risks involves in trading and maximizing the profit. It will save time to study forex techniques.

Project Implementation Method

forex intelligence uses artificial intelligence to automate forex analysis.

it will increase trade accuracy using time series forecasting and algorithm trading.

It will be base on web application one-page show technical forecast of pair and it will extract result through expert trader option in meta trader 4 which running on VPs and other part base on time series forecasting analysis in python 

Benefits of the Project

•Forex intelligence uses artificial intelligence to automate forex analysis.

•It will increase trade accuracy using time series forecasting and algorithm trading.

•It will save time to study forex technique.

•It will increase chance of profit and minimize risk involve in forex market.

Technical Details of Final Deliverable

it will be web application base on following features

Project will be base on time series forecasting libraries which already exist.

Expert advisor in meta trader 4 platforms which extract result from mt4 and show it on the website

it will be base on python,html css,java script php etc

Final Deliverable of the Project

Software System

Core Industry

IT

Other Industries

Finance

Core Technology

Others

Other Technologies

Artificial Intelligence(AI)

Sustainable Development Goals

Decent Work and Economic Growth

Required Resources

Item Name Type No. of Units Per Unit Cost (in Rs) Total (in Rs)
XM VPS server for meta trader running for one year Equipment1228336
chart js plugin or APi for chart visualizati price varies depend upon Equipment12929
hosting+domain Equipment13030
logos+SEO+digital marketing Equipment1200200
Total in (Rs) 595
If you need this project, please contact me on contact@adikhanofficial.com
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